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THE ABACO CLUB ON WINDING BAY APPOINTS TWO NEW SENIOR OPERATIONS MANAGERS

ABACO, The Bahamas – July 22, 2008 – The Abaco Club on Winding Bay, A Ritz-Carlton Managed Club
is pleased to announce two new senior operations managers: Director of Operations, Armando Guardiola, and Club Director, Kyle Kinney.

A 16-year veteran of The Ritz-Carlton Hotel Company, LLC, Guardiola brings broad international experience to his new role at The Abaco Club. Prior to joining the property, Guardiola was the director of food and beverage at The Ritz-Carlton, Buckhead, in Atlanta where he also served as the banquet director and assistant food and beverage director. A member of the pre-opening team for The Ritz-Carlton, Reynolds Plantation (located in Greensboro, Ga.) in 2001, Guardiola was in charge of the eight food and beverage outlets at the resort. In 1997, he joined The Ritz-Carlton, San Juan Hotel, Spa & Casino in Puerto Rico as the banquet director and then was promoted to assistant food and beverage director.

During his career with The Ritz-Carlton, he also served as a food and beverage trainer for the opening of Ritz-Carlton properties in the North and South America and the Middle East. Guardiola, a native of Mexico, graduated with a Bachelor of Science degree in geography from the University of Guadalajara in Mexico.

In his new role at The Club, he is responsible for the daily operations of the food and beverage division, the spa, fitness and equestrian centers and beach club activities on the 534-acre estate.

Kinney comes to The Abaco Club as club director after 20 years experience in a variety of hotel and property management capacities. In his new role, Kinney is responsible for overall property management, housekeeping, engineering, front office operations and Member services.

Previously Kinney was president and director of business development for Park Avenue Property Management, LLC, in Bonita Springs, Fla. In 1998, he moved to the Windstar Country Club in Naples, Fla., to serve as general manager and then to the Pelican Bay Foundation Inc. as president and CEO where he oversaw the development of the beachfront membership community. In 1996, he became general manager of the contracts division of Arnold Palmer Golf Management in Orlando, Fla. Kinney began his career in 1988 with The Ritz-Carlton, Naples, as manager of The Grill and Poolside Café, later joining The Ritz-Carlton, Palm Beach, in 1991 as banquet manager. A native of Buffalo, N.Y., Kinney attended Florida International University in Miami, where he earned a Bachelor of Science in hotel and restaurant administration.

“Mr. Guardiola and Mr. Kinney are industry veterans who understand how to create The Ritz-Carlton mystique for our Members and Guest Members,” said Scott Bragg, managing director of The Abaco Club on Winding Bay. “With nearly 40 years of combined experience, we are delighted to have them join our esteemed team of Ladies and Gentlemen.”

About The Abaco Club on Winding Bay, A Ritz-Carlton Managed Club
Located on Abaco in The Bahamas, The Abaco Club on Winding Bay, A Ritz-Carlton Managed Club is an island sanctuary coupled with Founder and Chairman, Peter de Savary’s vision and the legendary service excellence of The Ritz-Carlton. This 534-acre retreat, offers estate home lots, cottages, cabanas, and golf and social memberships, all of which provide Members and Guest Members with a respite to escape from the modern world. Diversions are plentiful including: the world’s first Scottish-style links golf course in the tropics (designed by Tom Mackenzie and Donald Steel), clubhouse, dining, spa, tennis courts, and fitness and equestrian centers. Snorkeling, diving, deep sea fishing and flats bone fishing are also part of the Club’s available activities. Serviced by cities in Florida and Nassau, Bahamas, Abaco is easily accessed by commercial airlines or private jet to Marsh Harbour Airport. For those with private plans, The Abaco Club has its own terminal, inclusive of Bahamas Customs and Immigration Services.

1
Ownership is in the Marriott Vacation Club Destinations™ timeshare plan, which is comprised of trust sites plus accommodations and programs made available for usage through the Marriott Vacation Club Destinations Exchange Program.

2Access to the Marriott Collection, also known as the Hotel Collection, is provided via membership in the Marriott Rewards® program and is subject to the Marriott Rewards Terms & Conditions and the terms and conditions as outlined in the applicable Marriott Vacation Club Destinations Exchange Program documents. Actual participating resorts and hotels are subject to change. The Marriott Rewards program may be discontinued at any time. Some Marriott Vacation Club Destinations Exchange Program Enrolled Owners will be unable to trade their usage for Marriott Rewards points.

3The Marriott Vacation Club Collection is comprised of timeshare interests owned by the MVC Trust and available for usage through the Marriott Vacation Club Destinations timeshare plan and timeshare interests that are available for usage through the MVC Exchange Company; please see the applicable Marriott Vacation Club Destinations Exchange Program documents for more information. Resorts with property that comprise the MVC Trust are described in the documents provided at the time of sale, and more particularly on the exhibit entitled Component Site Chart, which may be revised from time to time. Request for occupancy at resorts with small amounts of property in the MVC Trust, as set forth in the Component Site Chart, will be fulfilled primarily through the Marriott Vacation Club Destinations Exchange Program.

4Access to the Explorer Collection is made available through the Marriott Vacation Club Destinations Exchange Program and is subject to the terms and conditions as outlined in the applicable Marriott Vacation Club Destinations Exchange Program documents.

THIS ADVERTISING MATERIAL IS BEING USED FOR THE PURPOSE OF SOLICITING THE SALE OF FRACTIONAL OWNERSHIP INTERESTS.
This is neither an offer to sell nor a solicitation to buy to residents in jurisdictions in which registration requirements have not been fulfilled, and your eligibility and the type of Club Membership available for purchase may depend upon your residency.
*Features, furnishings and amenities are subject to change; some images are renderings and are subject to change.

The Ritz-Carlton Development Company, Inc., Marriott Vacation Club International and the programs and products provided under The Ritz-Carlton Club brand are not owned, developed or sold by The Ritz-Carlton Hotel Company LLC. The Ritz-Carlton Development Company Inc. uses The Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company LLC.